1000 Bridgeport Associates, LLC signs 3 new lease agreements

Published on November 9, 2011 from

1000 Bridgeport Associates, LLC, a joint venture of Abbey Road Advisors, LLC, Westport and The Praedium Group in New York City, has announced the completion of three new leases at its 134,000-square foot building at 1000 Bridgeport Ave. in Shelton.
 
Gexpro, part of Rexel, one of the world’s largest electrical distributors, has leased the entire fifth floor of 30,132 RSF for its U.S. headquarters. With 150 locations around the world, Gexpro delivers energy efficiency products and supply chain solutions to help its customers optimize business performance while saving costs and energy.

About the new location, Gexpro’s CEO Mitch Williams said, “Our new location has afforded us the opportunity to upgrade our office environment to a more contemporary and collaborative office space.  The new location also represents our company’s commitment to sustainability through state of the art low energy lighting and the many other energy saving devices installed throughout the space.  One of the key benefits of our new location is a cutting edge Energy Solutions Learning Laboratory which will be used to train our people and our customers on the newest products and methods to reduce energy consumption.”

The building owner was represented by Kevin Foley and Torey Walsh of Cushman & Wakefield and the tenant was represented by Peter Buckey and Andy Arrick of Cassidy Turley. Stamford-based Bavier Design was the architect for the project and AP Construction has built out the office suite.
 
HealthPlan One, an online health insurance brokerage, has expanded its existing office by 1,650 RSF. The building owner was represented by Torey Walsh and Kevin Foley of Cushman & Wakefield, and the tenant was represented by Jeff Gage and CresaPartners.
 
Tighe & Bond, Inc. an environmental engineering firm, founded in 1911 and with offices throughout New England , renewed its lease for 9,040 RSF for a five year term. The building owner was represented by Torey Walsh and Kevin Walsh of Cushman & Wakefield.
 
1000 Bridgeport Avenue has a People’s Bank with 24-hour ATM service, a recently remodeled lobby and elevators, a café and on-site management provided by Albert B. Ashforth, Inc. 
 
Abbey Road Advisors at www.abbeyroadadvisors.com  is dedicated to providing high-quality, risk-adjusted returns for investors. The company has combined the fundamentals of outstanding location selection, active asset management, and good tenant relations with key areas relevant to the real estate investment process: acquisition through disciplined, comprehensive due diligence, company involvement in all aspects of property ownership, and consistent monitoring of market conditions in order to capitalize on a well-reasoned exit strategy.

The diverse leadership team combines an entrepreneurial spirit with years of in-depth knowledge of leading commercial real estate markets throughout the Northeast. In its eight years of operation, Abbey Road Advisors has acquired a property portfolio with a gross value of over $260 million.
 
For 1000 Bridgeport Avenue leasing information, contact Kevin Foley or Torey Walsh of Cushman & Wakefield at 203-326-5838.

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